INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of Management
2013-2014

SYLLABUS
Code Name Level Year Semester
ECO 101 Introduction to Economics Undergraduate 1 Fall
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
Non-area Elective 6 51 English

Instructor Assistant Coordinator
Nataša TANDIR, Assist. Prof. Dr. Erkan ILGÜN, Assoc. Prof. Dr.
[email protected] no email

COURSE OBJECTIVE
The aim of this course is to clarify the distinction between macro and micro economics and familiarize students with fundamental terms, theories and concepts of economics.

COURSE CONTENT
Week
Topic
  1. Introduction / How to read graphs
  2. Ten Principles of Economics
  3. The Market Forces of Supply and Demand / Elasticity and Its Aplication
  4. Externalities, Public Goods and Comon Resources
  5. The Cost of Production
  6. Perfect Competition / Imperfect Competition and Monopolies/Oligopoly
  7. Preparation for Mid term exam
  8. Measuring the Nation\\\\
  9. Measuring the Cost of Living
  10. Production and Growth
  11. Unemployment
  12. The Monetary System
  13. Money Growth and Inflation
  14. Preparation for the Final Exam

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Lectures
    • Excersises
    • Presentation
    • Assignments
    • Case Studies
    Description (%)
    Method Quantity Percentage (%)
    Homework10
    Midterm Exam(s)30
    Presentation10
    Final Exam150
    +Attendance 5%
    Total: 100
    Learning outcomes
    • Understand main economic theories,
    • Understand the society and global affairs better
    • Be familiar with fundamental economic problems: resource scarcity and unlimited human needs
    TEXTBOOK(S)
    • Mankiw N.G: Essentials of Economics, 5th edition, Cengage/Thomson South-Western, 2008

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week)16348
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week) 0
    Midterm Examination (1 week)11.51.5
    Final Examination(1 week)11.51.5
    Preparation for Midterm Examination 0
    Preparation for Final Examination50
    Total Workload: 51
    ECTS Credit (Total workload/25): 2